When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...

Home Equity Line of Credit vs. Home Equity Loan

If you’re in need of funds for home repairs, renovations, or paying down high-interest debt, you may have considered a home equity loan or a home equity line of credit. While both of these financial options allow you to borrow ...

Should You Get a Construction Loan or a Home Equity Line of Credit?

It’s always been your dream not to simply buy a home for retirement, but to build one from the ground up that is perfectly suited to your vision for how you want to spend your twilight years. To achieve this dream, two of the ...

When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...
Many homeowners consider renovations and upgrades to their home when looking to sell. There are several key upgrades to consider that will boost your home’s value, as well as several ways to finance these large purchases.

The Features that Boost Home Sales & Values

Many homeowners consider renovations and upgrades to their home when looking to sell. There are several key upgrades to consider that will boost your home’s value, as well as several ways to finance these large purchases. Three ...
Colonial offers two competitive programs that lets homeowners utilize the equity in their home to use for any purpose.

Tap into the Cash Under Your Roof

When many people think of spring, they think of flowers blooming, birds chirping, and of course, family gatherings outdoors. Spring is the perfect time to invite your family and friends over for a backyard cookout or dip in the ...
Whether it’s making a major repair, sending a child off to college, getting finances back in order or finally making the upgrade to a dream kitchen or backyard – Colonial’s Home Equity Line of Credit (HELOC) may be the perfect way to help Texas residents put those dreams within reach.

Reasons to Consider a Home Equity Line of Credit Today

Whether it’s making a major repair, sending a child off to college, getting finances back in order or finally making the upgrade to a dream kitchen or backyard – Colonial’s Home Equity Line of Credit (HELOC) may be the perfect ...
A slew of experts all agree that with home values increasing, lenders are more confident that their loans will be repaid, and more homeowners will look toward home equity loans when needing to finance that large purchase.

Are Home Equity Loans Making a Comeback?

Home equity loans – when homeowners are able to borrow a portion of their equity to put toward a major purchase such as a renovation or an education expense,- were all the rage in the mid-90s. However, when the housing market ...
If you’re thinking about updating your backyard features, you may consider tapping into your home’s equity as a way to cover the costs.

Build Your Dream Outdoor Living Space with a Home Equity Loan or Line of Credit

Spring is in full-swing and summer is just around the corner. Flowers are beginning to bloom and the soft-rock duo Seals and Crofts’ hit song “Summer Breeze” is being queued up on classic radio. You know the lyrics: “Summer ...